The Freedom Eagle Cash Card was an industry innovation -
the first UK instant issue prepaid card. It was brought to
the UK by White Eagle (Europe) Plc and Transact Network Ltd. The
card was fully re-loadable, ATM Cash access embossed Prepaid
MasterCard with chip & PIN security.
The card was available to purchase online and from PayPoint
retailers. Customers could load, activate and start to use the card
almost immediately after purchase with loading channels via
PayPoint, the Post Office and by bank transfers. This product
benefitted from the adoption of the new simplified due diligence
rules regarding KYC (know your customer), meaning the customer did
not have to produce any documentation at the time of purchase for
the level 1 card. The Freedom Eagle Cash Card set the way for this
to become commonplace among prepaid cards.
The programme ran from 2009 to 2012, when Transact Network Ltd
withdrew the card programme from the market. If you
are a card holder with a card balance please contact TNL
For other innovative card programmes please visit www.White-Eagle.com.